Dollar Softens Against Yen as Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback hit Y109.46 last week, its highest since August 2008, as ...

Canada Urges Euro-Zone Stimulus

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European economies need to quickly embrace a fiscal-stimulus plan because the region is "perilously close" to deflation, Canadian Finance Minister Joe Oliver said Sunday, warning such a turn could have negative consequences for a global economy. "What we do not ...

Oil Markets Remain Subdued, Brent Drops Below $98/bbl

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Eric Yep Crude-oil futures edged lower in Asian trading hours Monday as investors stayed on the sidelines ahead of economic data due later this week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October ...

EU Antitrust Near Approval of EDF-Led UK Nuclear Project -- Report

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European Union's antitrust chief Joaquin Almunia is close to approve a 16 billion pound ($26.06 billion) nuclear project led by French state-owned utility Electricite de France SA (EDF.FR) in the U.K. announced in late 2013, French newspaper Les Echos reports, ...

Weidmann Criticizes ECB's New Measures

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

FRANKFURT--Germany's central-bank chief Jens Weidmann criticized the European Central Bank's new measures to stimulate Europe's weak economy and boost inflation, according to a media report on Sunday. In an interview with German weekly Der Spiegel, the Bundesbank president was particularly ...

CURRENCIES: Dollar Softens Against Yen As Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback (USDJPY) hit Yen109.46 last week, its highest since August 2008, ...

Your Annual Gift-Tax Exclusions

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Tom Herman Q: I recall a few years ago some IRS program having to do with an individual giving a gift of up to $10,000, I believe, to a family member, with no tax advantage or disadvantage. Do you ...

Canada Urges Euro-Zone Stimulus as Deflation Is 'Perilously Close'

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Paul Vieira European economies need to quickly embrace a fiscal-stimulus plan because the region is "perilously close" to deflation, Canadian Finance Minister Joe Oliver said Sunday, warning such a turn could have negative consequences for a global economy. "What ...

New Zealand Prime Minister John Key Wins Third Term -- 2nd Update

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand's prime minister has vowed to build a coalition rather than govern alone, after his ruling National Party won a resounding victory in Saturday's election. John Key is set to lead New Zealand for ...

Investors Bet on Asia Despite U.S. Rate Threat

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Chao Deng A consensus is emerging among investors that some Asian markets can do well even with the prospect of higher U.S. interest rates on the horizon. Fund managers see stepped-up corporate and economic overhauls by leadership in China ...

New Zealand Election Sees Prime Minister John Key Win Third Term

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Rebecca Howard WELLINGTON, New Zealand--Prime Minister John Key is set to lead New Zealand for a third consecutive term after his National Party won 48% of the vote in Saturday's election. Official results show Mr. Key's party will likely ...

Canada Considers Ways to Cool Housing Market

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Paul Vieira And Rita Trichur The chief executive of Canada's government-owned mortgage insurer said Ottawa is considering a series of proposals, including getting the country's banks to share in the risk of backstopping insured mortgages, to tame a frothy ...

G-20 Plans to Raise Global Growth by 2% in Next Five Years

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Andreas Kissler CAIRNS, AUSTRALIA--The Group of 20 industrial and developing nations on Saturday agreed to raise global growth by 2% in the next five years via a wide-reaching package of structural measures. The undertaking is a centerpiece of the ...

Russia to Consider Diversifying Away From Western Debt Securities

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Andrey Ostroukh SOCHI, Russia--Russia is considering diversifying its debt portfolio away from countries that have imposed sanctions on Moscow and into the papers of its Brics partners, Finance Minister Anton Siluanov said Saturday. Australia, Canada, the European Union, Japan, ...

MARKET SNAPSHOT: U.S. Stocks: Futures Higher As Fed Rate View Holds

TODAY: Sept. 22, 2014 PUB DATE: Sept. 19, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures pushed higher on Friday, ahead of one of the world's biggest initial public offerings ever, and as two major risk factors this week -- Scotland and ...

MARKET SNAPSHOT: U.S. Stocks: Futures Higher As Fed Rate View Holds

TODAY: Sept. 22, 2014 PUB DATE: Sept. 19, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures pushed higher on Friday, ahead of one of the world's biggest initial public offerings ever, and as two major risk factors this week -- Scotland and the Federal Open MarketCommittee ...

CURRENCIES: Pound Jumps As Scotland Set To Stay In The U.K.

TODAY: Sept. 22, 2014 PUB DATE: Sept. 19, 2014

By Michael Kitchen, MarketWatch LOS ANGELES (MarketWatch) -- The British pound staged a solid rally early Friday, as projections show Scottish voters had decided to remain in the U.K. The pound (GBPUSD) surged as initial results from the voting began ...

China Loan Demand Declined in 3Q - PBOC Survey

TODAY: Sept. 22, 2014 PUB DATE: Sept. 19, 2014

BEIJING--Demand for new loans from China's businesses softened in the third quarter, suggesting that entrepreneurs remain pessimistic about growth in the world's second largest economy, a central bank survey showed on Friday. An index measuring bankers' assessment of loan demand ...